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If real GDP is increasing more rapidly than the population, then:
Cost Effectiveness
Evaluation of how efficiently resources are used to achieve a goal, usually expressed in cost per unit of outcome.
Useful Output
The amount of goods or services produced that meet the quality and functionality requirements.
Columnizing
The process of organizing data or information into columns to facilitate analysis or comparison.
Footing
The process of totaling the numerical values in an account or ledger to determine the sum; it's an initial step in the accounting cycle.
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